4 ms·
"in real life", it would have been closer to 1:21 actually due to the bill's proposed salary span calculations: - calculated based on hourly rate instead of mo
by alternize 13y ago
"in real life", it would have been closer to 1:21 actually due to the bill's proposed salary span calculations:
- calculated based on hourly rate instead of monthly salary
- bottom is defined as the top hourly wage of the bottom 10% wages (1:12 => ~1:14)
- bottom wages: 40hrs/week vs top wages: 60hrs/week (~1:14 => ~1:21)
one pro-bill study therefore calculated only 2500 persons would be affected; their cut salaries would be almost entirely spent on new jobs; only minor insurance/tax losses ; and no company would leave Switzerland - all of which was wishful thinking at best.